Wednesday 16 April 2014
 
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Korek

Iraq fines Asiacell, Korek for failing to list

Iraq's communications regulator has decided to fine mobile phone operator Asiacell $8,500 per day since September 1, 2011 for failing to list on the local stock exchange, a senior official at the body said on Tuesday. Ahmed Alomary, commis

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France Tel, Agility to buy stake in Iraq's Korek

France Telecom and Kuwaiti logistics group Agility are to acquire a 44 per cent stake in fast-growing Iraqi mobile operator Korek Telecom, the groups said in a joint statement on Monday. The two groups will form a joint venture, 54 per cen

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Etisalat says no MoU signed with Iraq's Korek

Etisalat, the leading telecom service provider in the UAE, has not signed any memorandum of understanding to buy a majority stake in Iraq's Korek Telecom, its chief financial officer said in a statement on Tuesday. Etisalat's CFO S

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Ericsson aids telecom growth in Iraq

Ericsson, a world leading telecom technology supplier, will provide coverage and capacity in central and southern Iraq to meet the expansion planned by one of Iraq’s three nationally-licensed operators. Korek Telecom, which is focused

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